The median home value in Hollywood, AL is $215,000. This is higher than the county median home value of $120,000. The national median home value is $308,980. The average price of homes sold in Hollywood, AL is $215,000. Approximately 66% of Hollywood homes are owned, compared to 20% rented, while 14% are vacant. Hollywood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Hollywood real estate agent to arrange a tour today! Learn more about Hollywood Real Estate.